£878,784
This estimated value is based upon the latest sale price for the house of £860,000 on 16 Jun 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Redgrave Road
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| Price Paid | Date |
|---|---|
| £860,000 | 16 Jun 2022 |
| £695,000 | 16 Nov 2010 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in June 2022 the House Price Index for SUFFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £860,000 results in an estimated price of approximately £878,784.
| 16 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £860,000 | £18,784 | £878,784 |
The Postcode Pricing Model uses changes in average sales price within the IP22 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 8.155 % | £70,137 | £930,137 |
| 3 Month Average | -21.820 % | £-187,654 | £672,345 |
| 6 Month Average | 3.854 % | £33,146 | £893,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £533,192 | £525,000 | WILLOW BARN MAGPIE GREEN |
| 13 Oct 2023 | £639,525 | £625,000 | 3 OLD FORGE CLOSE |
| 28 Feb 2023 | £644,304 | £640,000 | MEADOW RISE LOW ROAD |
| 16 Jan 2023 | £852,277 | £850,000 | AUTUMN HOUSE WILLOW CORNER |
| 4 Nov 2022 | £408,092 | £410,000 | LAVENDER COTTAGE MAGPIE GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Redgrave Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Low Road |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wigwam Hill |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bury Road |
| Jul 2024 | Anti-social behaviour | On or near Cherry Tree Close |